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THEY so have this coming!! China to Dump Google and Yahoo! |
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Written by Daniel
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Monday, 31 July 2006 |
After seeing Western search engines sell out disidents to the Reds for profit....They so have this coming!!
"China crisis for web's biggest names
Licence crackdown looms
By OUT-LAW.COM
Published Saturday 29th July 2006 07:02 GMT
China could block the operations of some of the internet's biggest names in an apparent bid to take more control of the net economy. Yahoo!, eBay and Google all operate in China.
Foreign companies must already allow Chinese investors to own 50 per cent of all ventures in the country, and the government has begun to make announcements hinting that it will further restrict trade.
A state-owned newspaper reported that a clampdown on foreign-owned internet companies was imminent and that some foreign companies could be stripped of existing operating licences. Regulators told the paper that unauthorised foreign investors are using shared or borrowed licences to operate, against the rules, according to the Associated Press newswire.
The Ministry of Information Industry has also posted a notice on its own website instructing companies to fall in line with the laws regarding their Chinese operations, though it does not specify which companies it believes are breaking the law.
The World Trade Organisation insisted that China open up its market to international companies. China capped foreign involvement at 50 per cent as a concession."
There's more @ The Register!
Discussion in the Forums!
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